Vaghasia Plastic Private Limited

Vaghasia Plastic Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U17110GJ1996PTC030281 Incorporated 24 July 1996 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹4.63 Cr
▼ 13% YoY
Net profit · FY 2024
₹13.59 Lakh
Net margin 2.9%
EBITDA · FY 2024
₹24.59 Lakh
EBITDA margin 5.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.65 Lakh
Issued & subscribed
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Vaghasia Plastic Private Limited

Data last updated:

Vaghasia Plastic Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 24 July 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1996PTC030281. Its GSTIN is 24AABCV1333K1ZJ (Gujarat).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.65 Lakh. It is led by directors including Nirav Patel and Krupal Patel.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/1B/2301/3 Phase – IV Gidcvatva Nr Ramol Chokdi, Ahmedabad, Gujarat, India.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.63 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹13.59 Lakh (net margin 2.9%) and EBITDA of ₹24.59 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 25% over five years.

Vaghasia Plastic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0162471). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaghasiaplastic.com.

Company details

CIN U17110GJ1996PTC030281
Registration Number 030281
Incorporation Date 24 July 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0162471

Recognitions & Rankings of Vaghasia Plastic

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0162471

Contact details

Vaghasia Plastic Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vaghasiaplastic.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C/1B/2301/3 Phase – IV Gidcvatva Nr Ramol Chokdi, Ahmedabad, Gujarat, India
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Vaghasia Plastic Private Limited, buy the company report.

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Vaghasia Plastic Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Vaghasia Plastic is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Vaghasia Plastic Private Limited, buy the company report.

Financials of Vaghasia Plastic Private Limited

FY 2024 filings available

Vaghasia Plastic Private Limited reported revenue of ₹4.63 Cr (down 13% YoY) for FY 2024.

Revenue · FY 2024
₹4.63 Cr ▼ 13%
Net profit · FY 2024
₹13.59 Lakh margin 2.9%
EBITDA · FY 2024
₹24.59 Lakh margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 11%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 3%
5 years · compounded
▲ 18%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 14% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹24.59 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.59 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.3%
Net Profit Margin2.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Vaghasia Plastic Private Limited, buy the company report.

Board of directors of Vaghasia Plastic Private Limited

Vaghasia Plastic has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nirav PatelDirector14 Mar 20233 Years 7 MonthsCurrent
Krupal PatelDirector14 Mar 20233 Years 7 MonthsCurrent
Rameshbhai PatelDirector14 Mar 20233 Years 7 MonthsCurrent

Auditor

Vaghasia Plastic Private Limited is audited by B. H. MANGAROLIA & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
B. H. MANGAROLIA & CO.FY 2022105972W

Shareholding

The shareholding of Vaghasia Plastic Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vaghasia Plastic Private Limited, buy the company report.

MSME payment delays

Vaghasia Plastic Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Universal Masterbatch LLP
Snehal Packaging

To see the full MSME payment records of Vaghasia Plastic Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Vaghasia Plastic has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCV1333K1ZJGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Vaghasia Plastic Private Limited, buy the company report.

Recent activity

Vaghasia Plastic Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Krupal Patel was appointed as Director on 14 Mar 2023.

AGM
Vaghasia Plastic Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vaghasia Plastic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Krupal Patel was appointed as Director.
Appointed
Nirav Patel was appointed as Director.
Appointed
Rameshbhai Patel was appointed as Director.
Ceased
Jayshriben Vaghasia ceased to be Additional Director.
Ceased
Maganlal Vashrambhai Patel ceased to be Additional Director.
Ceased
Chirag Pareshbhai Vaghasia ceased to be Director.
Ceased
Pareshbhai Vashrambhai Vaghasia ceased to be Director.
Ceased
Harshadbhai Anandbhai Vaghasia ceased to be Director.
Ceased
Gaurang Maganbhai Vaghasia ceased to be Director.
Ceased
Kanubhai Shambhubhai Gondaliya ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Vaghasia Plastic is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 24 July 1996 (30+ years old) and is registered under CIN U17110GJ1996PTC030281.

Vaghasia Plastic has 3 current directors:

The latest financial statements of Vaghasia Plastic on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Vaghasia Plastic is 24AABCV1333K1ZJ, registered in Gujarat.

The CIN (Corporate Identification Number) of Vaghasia Plastic is U17110GJ1996PTC030281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vaghasia Plastic was incorporated on 24 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Krupal Patel was appointed as Director on 14 Mar 2023. Nirav Patel was appointed as Director on 14 Mar 2023. Rameshbhai Patel was appointed as Director on 14 Mar 2023. Vaghasia Plastic has 10 board changes on record in total.

Yes, Vaghasia Plastic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0162471).

Vaghasia Plastic has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.

Vaghasia Plastic can be reached through the website vaghasiaplastic.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Vaghasia Plastic is at C1B23013 Phase – IV Gidcvatva Nr Ramol Chokdi, Ahmedabad, Gujarat, India.